US service-sector jobs at risk from a robot revolution

Automation threatens millions of positions, from burger-flipping to bank telling

©Getty, SRI International

Robot economy sparks investment boom​

Global influx of machines set to open hot new tech market

US producers fall victim to low oil price

Ultra and Midstates’ woes propel default rate to fresh record

Jacques Brand, CEO of Deutsche in the Americas

Top Deutsche banker in US leaves for PJT

Jacques Brand departs German lender after 26-year career

AIG suffers third quarterly loss in a row

Insurer hurt by fund losses which weigh on investment portfolio

SoFi offers equity to tempt new partners

Online lenders latest fundraising could reach nearly $1bn

Halliburton-Baker Hughes deal ‘not fixable’

DoJ official says tie-up raised concerns about competition

Western Union: transferring you now

incumbent remittances king does not have fat margins for the challengers to devour

Halliburton/Baker Hughes: bit players

When mergers fall apart, the damage is not always equally shared

Settlement clears Apollo Education buyout

Private equity offer values online learning company at $1bn

Vimeo eyes subscriptions with VHX deal

Video platform hopes to become specialist version of Netflix

Halliburton and Baker Hughes weigh options

Without the $28bn deal the groups must come up with other ideas

Upstart lender SoFi maintains its bravado

CEO Mike Cagney says bricks-and-mortar banks deserve to become extinct

Halliburton, Baker Hughes call off deal

Tie-up worth $28bn terminated due to US regulatory approval challenges

Corporate R&D plans hit a six-year low

Grant Thornton study highlights drop in major economies

Fund names go big with US campaign donations

Six of 10 largest individual political donors are fund managers

US bank chief urges higher minimum wage

‘Progressive’ stance could improve sector’s public image

US banks sound commercial property caution

Lenders tighten standards amid concerns of bubbles

Investors wary despite better US earnings

Market unimpressed with results as prior expectations were grim

Buffett fizzes in defence of Cherry Coke

Berkshire Hathaway AGM largely steers clear of politics


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